NEC's Jared Bernstein on OECD Tax Overhaul, Labor Market

The transcript discusses the significance of a historic day for economic diplomacy, focusing on global tax fairness and the impact on the US corporate tax rate. It highlights job market trends, labor participation, and the potential job creation from infrastructure plans. The discussion emphasizes the importance of international cooperation and the Biden administration's efforts to implement tax reforms and economic recovery measures.

Why is the day being referred to as historic for economic diplomacy?

What are the implications of a global minimum tax for multinational corporations?

How does the current job market compare to the situation before the pandemic?

What factors are contributing to the increase in labor supply?

What specific areas will the infrastructure packages focus on to create jobs?

How does the President plan to ensure bipartisan support for the infrastructure plan?

What is the expected timeline for seeing the effects of the infrastructure plan on the economy?